Nearly half of new hotel developments pop up outside Manhattan over past five years

New York /
Apr.April 25, 2012 11:30 AM

A total of 15 hotels opened around New York City in 2011, the New York Times reported, and nearly half of them that rose last year alone were outside of Manhattan. In fact, in the five-year span from 2006 to 2011, 42 percent of New York City’s new hotels popped up in the outer boroughs, according to data from New York City’s official marketing, tourism and partnership organization NYC & Company.

In Queens, Long Island City hotels have become more prominent as of late, with five hotels opening in the neighborhood since last spring, including Z NYC Hotel, the Hotel Vetiver and a Wyndham Garden. A new Marriott Fairfield Inn & Suites is slated to open this summer.

“My idea was to offer proximity, a good view and a good value,” Henry Zilberman, the owner of Z NYC Hotel, told the Times. “We try to be about 30 to 40 percent off a similar hotel in Manhattan — that’s our draw.”

Brooklyn is also no stranger to new hotel developments. As The Real Deal reported in March, LodgeWorks, a Kansas-based hotel developer, purchased a Downtown Brooklyn lot to erect a 117-room hotel under the name of “a well-known national brand.” Hotel BPM is a new one slated to open this year, as well as the King & Grove Williamsburg, formerly the Hotel Williamsburg, which The Real Deal recently reported sold to King & Grove Hotels for $33 million. [NYT]


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